JB and ZJMY Holding Co (JBZY)

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POST 100,000 Needs to celebrate some of our great DD, here's just the recent stuff:

Dolat Ventures Inc (OTCMKTS:DOLV) Consolidating Before Heading Higher

ByJarrod WessonPosted on July 24, 2017 COMMENTS
Shares of Dolat Ventures Inc (OTCMKTS:DOLV) are consolidating at the level of $0.05 after delivering astonishing returns in June when it crossed the $0.10 level. Have a look at the recent share price action.



Source

We wrote several pieces claiming that the stock should be followed closely, because it was entering into the exciting electric vehicle industry. We said the following in the last article put out in May, 2017 when the share price was trading close to $0.05:

“In our opinion, traders may not yet have researched the company merging with DOLV. Hence, they may not know that it is merging with an EV producer that will obtain many benefits from the Chinese government. Other well known EV stocks have been rising quite a bit because of it and the same could happen to DOLV once investors get to know this new information. Is this a catalyst? Yes, some traders will consider the merger a catalyst.“ Source: Dolat Ventures Inc (OTCMKTS:DOLV) Looks To Resume Its Bull Trend

Nothing new was put out regarding the acquisition of the company ‘Ji Ming Yang Amperex’. This is the reason to explain the recent decline in the stock and its consolidation. Market participants decided to book profits, which pushed down the share price. Now, it looks like some market players are building a position ahead of the next leg higher.

Business and Recent Developments

Let’s recap DOLV’s background briefly. It was founded in Nevada on April 18, 2006, but it is now headquartered in Wyoming. After the acquisition of JB & ZJMY Co., Ltd. in December 2016, the company entered into the growing EV industry. This target, a Chinese battery manufacturer, owns patents pertaining to long lasting batteries, ideal for use in electric automobiles, and provided DOLV the necessary know how to operate in the sector. The move is fantastic, as the Chinese Government is heavily investing through subsidies “to help car makers achieve large scale production of electric vehicles, and has encouraged taxi fleets and government agencies to use electric automobiles“. Hence, DOLV is an exciting stock to capitalize on the growth of the EVs in China.

What’s the product that DOLV has developed? Read the following:

“The company has developed a small, low-cost, fully automatic, multi-function rechargeable car power plant recharge system. It is a new type of nickel-manganese multi-phase lithium-ion battery: a new material system, a new process, the new battery structure, the energy density per kilogram to 180W, 50% higher than the same specifications lithium iron phosphate battery. JB has also developed a prototype SUV electric vehicle (“EV”) that is able to go up to 600 km (373 miles) on a single charge and is called the “Millet Ming Yang V3”. Source

On July 11, 2017, the company put out its new quarterly earnings release. It was interesting, not only because it included financial information, but because we could read about the transaction of Mr. Wang. In the report, it was mentioned that he is investing new capital to finance company’s operations:

“300,000 preferred shares were issued to Mr. Wang DeQun on December 2, 2016. Each preferred share is convertible into 2,500 common shares. During the three months ended March 31, 2017, Mr. DeQun invested additional paid-in capital to fund the Company’s future operations.“ Source

However, the most exciting item was something else. In the same report, we could finally see the value of the patents acquired with the acquisition of JB & ZJMY Co., Ltd. In the balance sheet, it was written that its intangibles are worth $1,813,987. This is enormous, but the most relevant is that the market may not have seen it. As of July 20, 2017, DOLV’s financial statements were not published by Yahoo Finance or OTC Markets. We are the first to disclose the large amount of intangibles of DOLV.

Another less relevant information was the change of the company’s auditor. On May 25, 2017, DE LEON & COMPANY, PA, became the new auditor for DOLV. The decision to engage De Leon as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors.

Sound Financial Situation

As we got to know that the market did not correctly react to the last document put out by the company, we will focus on the financial position of the company. The company has not yet reported sales, thus the most important statement to research is the balance sheet. Have a look at the most relevant lines:

Cash: $299,391
Other Current Assets: $505,429
Patents and Intangible Assets: $1,813,987
Total Assets: $2,686,683
Total Long Term Debt: $0
Total Liabilities: $43,266
The company has no debt and very little liabilities; $1,813,987 in intangibles and total assets of $2,686,683. It is a hidden gem. Most importantly, only those who read this site or check the hidden document recently released could see it. Hence, the net asset is positive.

Total amount of shares outstanding

Additionally, the following information regarding the amount of shares outstanding was also disclosed in the 10-Q:

“Total authorized: 2,000,000,000 as of March 31, 2017
Total outstanding: 777,691,800 as of March 31, 2017
Total unrestricted: 736,073,319“ Source

This information may be interesting for those interested in calculating the net asset value per share.

Conclusion

Nothing new was said about the current operations of the company. But, we found extensive information about the company acquired in December 2016. The good news is that the amount of intangibles acquired is large. Thus, DOLV seems to be not only operating in a growing sector, but it is also equipped with valuable know-how. It will help in the near future. In this article, we also had a look at the financial condition reported. It is evident that the amount of assets is 62x the amount of liabilities and no long term debt was reported. This is a good news. But, it is even better if we take into account that a few people could see it since Yahoo Finance and OTC Markets did not publish the information. To sum up, keep a close eye on this company. It may surprise us soon.

Be sure to check out our complete coverage on DOLV

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Most ANYTHING you would want to find about your investment... is within the links in this post.
You just need to take the time to go through the multiple pages within each link.

Try it - you might like it.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133132427

LINKS TO CHINESE WEBSITES IN TINYURL BAIDU STYLE

Here are some links that will help those who don't know how to search
with Chinese Characters or get the translations and search. It really helps to be using GOOGLE CHROME on a laptop or desktop PC as the ability to right click your mouse and do auto translate is wonderful.

Zhong Ji Ming Yang New Energy - Search results from Baidu for ZJMY:
http://tinyurl.com/yc85cndm

Long Star New Energy Vehicles - ZJMY's OEM partner for Low-Speed Models:
http://tinyurl.com/yagt72al

Cowin/Chery website - ZJMY's OEM partner for the V3 7-Seater All Electric SUV:
http://tinyurl.com/ycvo3lco

Jinbo Investment Holding Group - ZJMY's parent company:
http://tinyurl.com/ycyau92v

Wang JinLai, Jinbo Investment Holding Group CEO:
http://tinyurl.com/y9zw2ose

Some Business Listing sites to check out for partner Long Star:

http://www.zgswcn.com/zgsb/html/2016-09/09/content_86925.htm

https://www.riskstorm.com/company/913715260996648695

http://liaocheng19272355.cn.zhsho.com/

https://www.riskstorm.com/company/91450800MA5KCKM049

http://tinyurl.com/y8kua89a

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I Visited ZJMY and Met President HAN Zhiming

I visited ZJMY headquarter in Beijing and met Mr. HAN Zhiming during late afternoon July 6 and the morning of July 7. I thank Mr. Han for accepting my request to meet him.

I visited many places and companies, and met people and friends on my trip to China during July 5 to July 14. Beijing was my first stop. My intention of visiting ZJMY was very simple: to let the company hear the cries of our longs.

To my surprise the company knows nothing about investorshub.com and what are posted on the site, and they do not pay attention to the performance of their stock on otc. I explained some of negative posts and they laughed and said don't worry the truth will be revealed and when they moved up to nasdaq all those negative comments will be silenced. I complained the company did not have any good communications with current shareholders in the US market and big price fluctuation during the otc period is not good for current shareholders and future performance when uplisted because the institutional investors pay attention to the share price history. They agreed. Mr. Han told me that they have so much progress in so many fronts. He will coordinate with JB to release the information as soon as possible.

Here are some of areas which were uncovered by this board and I can talk freely. I will wait for the company to release information about those areas which we never talked about before on this board.

Low speed EVs: The company confirmed their relationship with Long Star. ZJMY provides 3 Dian system (Dian for electric in Chinese, dianchi - electric reservoir or battery, dianji - electric motor, and diankun - electric control) to Long Star and Long Star provides chassis and assembling of vehicles for ZJMY. Long star has two sites, one in Jinan, Shangdong province and the other in Nannin, Guangxi Zhuang Autonomous Region. The two sites cover vast areas of south and north China. Each site has capacity of 300 vehicles per day.

The low speed EV market is huge in China. If you have a chance to visit China you will understand why. Just imagine millions of farmers drive their low speed cars to their field from home and drive back. ZJMY's low speed cars are in high demand. ZJMY already sold many low speed cars, can't remember the exact number but it is in multitudes of thousands since April.

I made an appointment with Long Star to visit their manufacturing plant, but did not make it because all high speed train tickets were sold out on that day.

High speed SUV: ZJMY has a contract in place with Chery to produce the V3 SUV by Chery. It is already in production and will be released into the market in August. The Department of Industry and Information published listing of new EV brands every month since January 2017. ZJMY expects getting their listing early August, could be the first Friday of August. The company can sell the SUV now but will not get government subsidies without the listing.

This EV is for the taxi market and mass market as well. I talked to taxi drivers in Beijing, Nanjing, Shanghai, and Xi'An. All of them expressed their disbelief that EV will become popular in their cities, mainly because of short range. One guy told me that if you buy a BYD EV starting with 200km range, after two years the range drops to 160-180km. It is typical for taxi driver to run 400-500km per shift. I told the guy that there is a company in Beijing that makes EV with 500km range and it uses battery swapping technology. He said that it perfect for their business. The driver in Xi'An told me a different story. All the taxi cars are from BYD and uses natural gas as fuel. Because BYD produces cars in Xi'An and the local government forces all taxi companies to buy BYD to support local economy.

The Chinese government gives many incentives for mass market to buy electric cars, these include the EV coming along with free registration (if you buy a traditional fuel car you have to pay something around 10,000 USD for registration), free allocated parking space, etc. I see the huge mass market for our 500km SUV and 600EV in development.

The 100,000 Free Buses: It is actually 16-18 seat commuter minibus. The company will produce, deploy to the street, and operate the minibus at the company's cost. The company will get revenue from advertisement. The bus is designed to have four walls installed with LED screens and play ads all the time along its route. This is not for long distance transportation but for 'mile commute' in cities typically for people moving between home and bus station or subway station. The riders get free ride but will be bombarded with all kinds of commercials. The company already studied the market, made the sample minibus, has full support from governments at all levels, and has many advertisement companies waiting for their full operation. The cost of making, maintenance and operating the minibuses is very low but the revenue generating from advertisement is very lucrative, according to the company. We might see JB&ZJMY plays an important role in advertisement space in a few years.

Logistic trucks (delivery box trucks): The company is in advanced planning to work with a manufacturer to produce this type of vehicles. We have to wait for the details of progress and order quantities from the company in the near future.

Electric buses: This is related to the bus exterior design jobs we found. ZJMY has confirmed that they have contract with Chery in Guiyang, Guilin to produce unknown amount of electric buses. The company will release the details soon.

I originally had a plan to meet HUANG Hua in Beijing, but she is stationed in Harbin and could not make it. JB acquired a hot-spring resort and properties in Harbin area and Huang is providing legal assistance during the transition stage. So I could not get any information from JB side. Both JB and ZJMY are in fast growing period. I get a feeling that they are stretching too thin at this moment. ZJMY used to share the fifth floor with another company in the cultural industry park building. Now they took over the fifth floor, the fourth floor and a store front on the first floor, and they will take more space when more hires are in.

ZJMY expressed their interest in registering a company in the US and have a show room for their products as the first step entering the US EV market. I thought this could be their long term objective. I'm surprised that this is already in their plan.

I'm limited to one post a day, not be able to reply your pm, and I can't talk freely on some progress the company is not ready to release.

I make a living by digging the truth and finding cures for sickness, I could be wrong in my understandings but I do not make up stories and spread falsehood.

I got from the company a fifty-page book of business plan on the third generation electric vehicle manufacturing and accompanying system construction project, dated November 2016. I will try to translate it into English and post it here if time allows.